Laguerre Line Average is a well-known indicator. John Ehlers described this price smoothing algorithm in his book “Cybernetic Analysis of the Stock and Futures Markets”. Excellent smoothing with the use of very short filters, makes it possible to create good indicators on very short-term data. Using short-term data means that we can make the indicators more sensitive to price changes, this helps to reduce the reaction time to open a position, and reducing the delay, accordingly, has a positive effect on the profitability of your trade.

• gamma anti-aliasing coefficient
• Shift shift
• appliced_price price type
• Filters Qty the number of filters is from 1 to 10, the more filters, the more anti-aliasing.

The Laguerre indicator is a good indicator for trend trading. It shows market cycles on the selected chart period better than most of the standard indicators from the MT5 platform set. This indicator perfectly shows the beginning and end of microtrends. By itself, it is by no means an independent trading system, but in combination with other indicators and methods of technical analysis, Laguerre is able to give a good result.